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Gateway Commons 2454-2630 Calumet Trce
2,430 - 19,869 SF of Retail Space Available in Owensboro, KY 42303
Highlights
- Near 500 bed regional hospital - Owensboro’s largest employer.
- Outstanding Tenant Mix
- Great Access from Two Expressway Exits
- Owensboro's Top Retail Corridor.
- Prominent Highway Signage
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2454 | 2,595-17,439 SF | 1-20 Years | $25.00 /SF/YR $2.08 /SF/MO $435,975 /YR $36,331 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2490 | 2,430 SF | 1-20 Years | $28.00 /SF/YR $2.33 /SF/MO $68,040 /YR $5,670 /MO | Triple Net (NNN) |
2454-2630 Calumet Trce - 1st Floor - Ste 2454
The retail power center being developed offers a range of spaces from 2,595 to 17,439 square feet, suitable for various uses including retail, office, medical, dental, and restaurant establishments. This new-construction strip center is strategically located in Owensboro's prime retail corridor, augmenting its value with a 14-screen movie theater and a new Marriott TownePlace Suites hotel, both of which opened in 2019. It benefits from proximity to key infrastructure, such as a 500-bed regional hospital and a new county middle school that began operations in the fall of 2022. The center thus presents a significant opportunity for businesses looking to establish or expand their presence in a thriving commercial area.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space from 2,595 up to17,439 SF available
2454-2630 Calumet Trce - 1st Floor - Ste 2490
At the end of a new-construction strip center in Owensboro's leading retail corridor, there is 2,430 square feet of space available that can be tailored to meet tenant requirements. This space is versatile, suitable for retail, office, medical, dental, or restaurant businesses. The center features a modern 14-screen movie theater and a Marriott TownePlace Suites hotel, both established in 2019, which adds to the location's appeal. The property is advantageously positioned near a 500-bed regional hospital and a new county middle school, which opened in the fall of 2022, potentially providing a steady flow of customers or clients. The offer to build out the space to suit tenant needs provides flexibility for customization according to business specifications.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- 2,430 SF available on the end of this new build
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Gateway Commons
- 2nd & Charles
- Burke's Outlet
- Gabe's
- Hobby Lobby
- Malco Theatres
- Ross Dress for Less
PROPERTY FACTS FOR 2454-2630 Calumet Trce , Owensboro, KY 42303
| Min. Divisible | 2,430 SF | Frontage | |
| Center Type | Lifestyle Center | Gross Leasable Area | 947,951 SF |
| Parking | 905 Spaces | Total Land Area | 187.70 AC |
| Stores | 19 | Year Built | 2018 |
| Center Properties | 5 |
| Min. Divisible | 2,430 SF |
| Center Type | Lifestyle Center |
| Parking | 905 Spaces |
| Stores | 19 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 947,951 SF |
| Total Land Area | 187.70 AC |
| Year Built | 2018 |
About the Property
A newly constructed regional mixed use development that will include 500,000+ square feet of retail, restaurant and entertainment space along with hotels, office, medical and multi family components. With its prime location, national tenant mix and proximity to local demand generators, Gateway Commons is a premier shopping and entertainment destination in Western Kentucky. Located on the Wendell Ford Expressway (US-60/231) and bracketed by two of the primary interchanges in Owensboro, Gateway Commons offers unparalleled frontage on the two busiest roads in the market. The development offers a south entrance off of KY Highway 54, which is the primary retail corridor in Owensboro and a north entrance on Pleasant Valley Road, which is the home of the area's largest employer (Owensboro Health). Anchor, Junior Anchor, an Small Shop space available. Retail pads also available for lease, sale or build to suit.
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
DEMOGRAPHICS
Demographics
Nearby Major Retailers
Presented by
Gateway Commons | 2454-2630 Calumet Trce
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